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obama is sticking to his guns. and congressional democrats, like house minority leader nancy pelosi, welcomed the president's plan. >> elections have consequences. the president campaigned-- he made it very clear, he made it very clear that he was supporting a tax cut for the middle class, that he wanted the expiration of the tax cuts for the high end. and the american people know that debate, they voted for him. >> warner: still, despite all the tough talk, reporter todd zwillich of wnyc and public radio international says there's more movement behind the scenes than meets the eye. >> there does tend to be a pattern to how big negotiations like this go. the fact that they haven't reached an agreement yet doesn't mean they won't before christmas, doesn't mean they won't before new years. there is a value in doing some public posturing and trying to get the public and the media on your side in these negotiations. the speaker may be right, it may be a stalemate right now. but that doesn't mean a stalemate can't be br
obama is sticking to his guns. and congressional democrats, like house minority leader nancy pelosi, welcomed the president's plan. >> elections have consequences. the president campaigned-- he made it very clear, he made it very clear that he was supporting a tax cut for the middle class, that he wanted the expiration of the tax cuts for the high end. and the american people know that debate, they voted for him. >> warner: still, despite all the tough talk, reporter todd zwillich...
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president obama was on the wrong side of it then. definitely headed -- leading the country in a bad direction now. he had every reason to try to figure out a way to help the republicans, help get them to a deal so everyone could not have this anxiety leading up to the fiscal cliff. he is exacerbated the anxiety with the ridiculous plan. mitch mcconnell does not show emotion about anything ever. he has the best poker face. geithner's proposal must have been absurd that he laughed out loud would have been fan tast tic to see. >> andrea: there is a second stimulus. all spending and taxing. how would you feel if the republicans walked away? something you celebrate? >> bob: if they walked away permanently celebrate it particularly. look, the republicans, the question i've got here is why are you putting at risk all the things you talk about? the recession and the dire things, for the sake of people at the top 2%. i don't understand that. >> eric: you are not being fair. >> bob: what do you mean? >> eric: that there will be a recession if
president obama was on the wrong side of it then. definitely headed -- leading the country in a bad direction now. he had every reason to try to figure out a way to help the republicans, help get them to a deal so everyone could not have this anxiety leading up to the fiscal cliff. he is exacerbated the anxiety with the ridiculous plan. mitch mcconnell does not show emotion about anything ever. he has the best poker face. geithner's proposal must have been absurd that he laughed out loud would...
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under the obama plan, these percentages would tick up this much. so this is what he's pushing for against those other losses to the middle class, which republicans are talking about as well. the bottom line though is and this is something everyone's going to have to bear in mind, no matter how this turns out, an awful lot of economists say even if you do this, that doesn't mean everyone else will ultimately be off the hook, because there's still a revenue problem in this government right now. and over time there's a lot of hints that somehow those people in the middle class we talked about a moment ago are going to be nibbled at too even if the fiscal cliff is taken care of, joe. >> tom foreman, thank you for that. >>> there's a new controversy dogging the embattled u.s. ambassador to the united nati s nations. susan rice has been under republican fire for weeks on the attack at the u.s. consulate in benghazi. now questions are being raised about one of her investments and a possible conflict should she be tapped to replace hillary clinton. mar mar
under the obama plan, these percentages would tick up this much. so this is what he's pushing for against those other losses to the middle class, which republicans are talking about as well. the bottom line though is and this is something everyone's going to have to bear in mind, no matter how this turns out, an awful lot of economists say even if you do this, that doesn't mean everyone else will ultimately be off the hook, because there's still a revenue problem in this government right now....
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he has the opportunity to turn whatever package gets done into the obama growth plan or the obama deficit reduction plan and own it and embrace it, and he's not doing that. it is very typical of his leadership. >> the president feels that's why he was re-elected, because this is exactly what he's been running on, this program that he's now proposing here. >> as maria pointed out earlier, he was at $800 billion in revenue. we could with get to a deal quickly. >> why are we so focused on taxes and revenue? let's focus on spending cuts. what's your take on where to cut? seth, moments ago you said, you know, you can't put a knife to some of these entitlement programs. so what are we trying to do here? are we trying to get our arms around the debt and deficits? are we trying to create jobs? what's the goal of this whole charade? >> both. i wouldn't call it a charade. in the near-term, we're trying to keep this recovery going. that's why the payroll tax holiday extension is so needed and the small amount of new investments and unemployment insurance in the president's offer. that has to be bala
he has the opportunity to turn whatever package gets done into the obama growth plan or the obama deficit reduction plan and own it and embrace it, and he's not doing that. it is very typical of his leadership. >> the president feels that's why he was re-elected, because this is exactly what he's been running on, this program that he's now proposing here. >> as maria pointed out earlier, he was at $800 billion in revenue. we could with get to a deal quickly. >> why are we so...
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the top rate going to go up to 44%, including obama care. i think these two companies are going to offer great opportunities at these levels with their valuations to investors in a marketplace. >> what's very interesting, keith isn't with us but one thing i know he wanted to talk about was why he wasn't going to recommend buying guess even though they had a special dividend. that's a very interesting situation where a company's fundamentals may not be up to snuff. when does the special dividend get in the way or fool people into buying something they ought not be buying? >> i'll tell you one thing. i think over the next 6 to 12 months investors are not going to be so keen to get involved in companies that have these dividend because they know what they're going to get taxed on. you're going to see a rotation going into muni bonds. in the short term i think it will be a benefit to investors to have these companies. over the longer term they'll have to rethink in terms of the companies that are issue is these special dividend. >> thank you, ap
the top rate going to go up to 44%, including obama care. i think these two companies are going to offer great opportunities at these levels with their valuations to investors in a marketplace. >> what's very interesting, keith isn't with us but one thing i know he wanted to talk about was why he wasn't going to recommend buying guess even though they had a special dividend. that's a very interesting situation where a company's fundamentals may not be up to snuff. when does the special...
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it is not simply a barack obama phenomenon. what we see both from my own work inside the senate an observation from what we see with books is that it is a deliberate strategies hatched at least at the end are grow if not before to raise the bar and what things are happening and to get unanimous minority support and to do its not just on bills were you wanted to have amendments allowed but on bills were you one not interested to have all amendments allowed to make it messy. i will not defend obama's out wrenching the minority party. i could go back to other methods of obstruction with bill clinton, who reached out all the time. that is a minor factor. of killing thee omendment tree been done to much. that resulted in some protest. it had much more to do with a concerted party strategy, which is the first time we have seen it. >> there are two separate issues -- of shrubs and on nomination and obstruction on the legislative side. you'll see these judge bowed to 99-1. remember what we are talking about. the alternative is to move
it is not simply a barack obama phenomenon. what we see both from my own work inside the senate an observation from what we see with books is that it is a deliberate strategies hatched at least at the end are grow if not before to raise the bar and what things are happening and to get unanimous minority support and to do its not just on bills were you wanted to have amendments allowed but on bills were you one not interested to have all amendments allowed to make it messy. i will not defend...
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visited and find out whether he's a fan of president obama's fiscal cliff plan. if you think running a restaurant is hard, try running four. fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. [ all kids ] faster! ok, what's fast? um, my mom's car and a cheetah. okay. a spaceship. a spaceship. and what's slow? my grandma's slow. would you like it better if she was fast? i bet she would like it if she was fast. hm, maybe give her some turbo boosters. tape a cheetah to her back. tape a cheetah to her back? seems like you have thought about this before. [ male announcer ] it's not complicated. faster is better. and the iphone 5 downloads fastest on at&t 4g. ♪ anyone have occasional constipation, diarrhea, gas, bloating? yeah. one phillips' colon health probiotic cap each day helps defend against these digestive issues with three strains of go
visited and find out whether he's a fan of president obama's fiscal cliff plan. if you think running a restaurant is hard, try running four. fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. [ all kids ] faster! ok, what's fast? um, my mom's car and a cheetah. okay. a...
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president obama took the show on road today. who are not impressed by the administration's opening budget officer. -- offer. joining me is kristen welker, and luke russert. first to you, the calculus in going to the suburbs of philadelphia, kristen, clearly he feels that the political play right now is better than the inside game that didn't work for him during the super committee negotiations, but can that backfire? >> right now the president feels as though he has a fair amount of leverage having won re-election so he's trying to build momentum on the road. remember, this is a tactic that worked for him during the payroll tax cut fight when he went out, took his case to the american people, so he is doing it once again today in hatfield, pennsylvania, a suburb of philadelphia, speaking at a toymaker and making the case that toymaker would be harmed. consumer confidence begdwindled they would lose business if dungs fails to get a deal done and they would wind up spending less on christmas shopping, for example. this is a tactic
president obama took the show on road today. who are not impressed by the administration's opening budget officer. -- offer. joining me is kristen welker, and luke russert. first to you, the calculus in going to the suburbs of philadelphia, kristen, clearly he feels that the political play right now is better than the inside game that didn't work for him during the super committee negotiations, but can that backfire? >> right now the president feels as though he has a fair amount of...
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obama and mr. boehner? >> it depends on what the headlines are. so the president said the clear majority voted for a balanced approach. but there's a lot of debate about what that means. representative boehner i thought was much more into fighting words over there. listen to what he said. increasing the tax rates is the wrong approach to take. he said there was a stalemate in the talks with the white house. look at the dow industrials. we did move down around 25, 30 points as his comments came out. he said we're almost nowhere in the talks. sitting right near the lows for the day. if you look at the overall sectors that are moving today, pretty much balanced on either side. pretty much even on the balance-decline line. worries about higher taxes on dividend paying stocks seem to be -- >> lows for the day but not violent downstrokes here. >> i think the problem is we'll have trouble moving into positive territory at the close. a lot of concerns about headline risks over the weekend. we could be down 10, 15 on the s&p monday morning on something tha
obama and mr. boehner? >> it depends on what the headlines are. so the president said the clear majority voted for a balanced approach. but there's a lot of debate about what that means. representative boehner i thought was much more into fighting words over there. listen to what he said. increasing the tax rates is the wrong approach to take. he said there was a stalemate in the talks with the white house. look at the dow industrials. we did move down around 25, 30 points as his comments...
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obama sees fit. in the meantime, we are expecting to hear from nancy pelosi. each side is speaking out every night and every day. moments ago, speaker of the house john boehner said this. >> the white house spent three weeks trying to develop a proposal. they call for $1.6 trillion in new taxes. calling for not even $400 billion in cuts, and they want to have this extra spending that is actually greater than the amount that we would cut. i mean, it is not a serious proposal. so right now we are almost nowhere. megyn: alan colmes and lars larson are with us now. let's just focus on this debt ceiling. the reason we find ourselves about to go off the fiscal cliff with the automatic spending cuts, in part is because back in 2011, they wanted to raise the debt ceiling and the republicans said you cannot do it unless we do spending cuts. we cannot just do deficit spending. so they agree, they cut this deal, now the democrats are going to the republicans and saying, forget that. let's just in the position t
obama sees fit. in the meantime, we are expecting to hear from nancy pelosi. each side is speaking out every night and every day. moments ago, speaker of the house john boehner said this. >> the white house spent three weeks trying to develop a proposal. they call for $1.6 trillion in new taxes. calling for not even $400 billion in cuts, and they want to have this extra spending that is actually greater than the amount that we would cut. i mean, it is not a serious proposal. so right now...
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president obama giving his pitch for the fiscal cliff. when will the rhetoric give way to a real action on our debt crisis. juan williams on when a deal can happen. melissa: how would you like to pay more at the pump? we have the new talk about raising the gas tax. what a great idea. lori: i love paying over four dollars a gallon. washington not the only one that cannot get a deal done. entering day 76. its small business that is really on then ice. melissa: time now for stocks as we do every 15 minutes. lauren simonetti. washington is playing politics over the fiscal cliff. we are near session lows right now. >> 11 points away from session lows. the dow is clinging onto that level right now. consumer discretionary is your best performing sector this month. it is lower today, as is technology. the s&p 500 trying to hang onto a monthly gain. not sure if we can do it. certainly higher for the week and nasdaq higher for the both of them. a two-day chart of yelled is really interesting. they expect fourth-quarter sales in china to decline. lo
president obama giving his pitch for the fiscal cliff. when will the rhetoric give way to a real action on our debt crisis. juan williams on when a deal can happen. melissa: how would you like to pay more at the pump? we have the new talk about raising the gas tax. what a great idea. lori: i love paying over four dollars a gallon. washington not the only one that cannot get a deal done. entering day 76. its small business that is really on then ice. melissa: time now for stocks as we do every...
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president obama not so much. being a lot specific about who it is that we'r going after, specifically al qaeda and where they are in various countries. what are we learning in terms of details here? this is not this broad idea that we s that pte the president -- the former president bush? >> you're right. they're trying to get that message out that the al qaeda core, which operated in pakistan, is no longer a threat, but these affiliates rshgs and you are seeing them defend the mrerz that they're using against them, with those drones and the detention, but 12 years in, suzanne, it's a great question. what does this war end and how do you know it's over? johnson address thad too saying that basically there will come a tipping point at some point where the u.s. believes that they're no longer able, these al qaeda affiliates to organize and launch missions that would attack united states interests around the world. that's going to be the point where this changes to something of a counterterrorism effort where indivi
president obama not so much. being a lot specific about who it is that we'r going after, specifically al qaeda and where they are in various countries. what are we learning in terms of details here? this is not this broad idea that we s that pte the president -- the former president bush? >> you're right. they're trying to get that message out that the al qaeda core, which operated in pakistan, is no longer a threat, but these affiliates rshgs and you are seeing them defend the mrerz that...
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president obama takes it to the people again. pitching middle class tax cuts to factory workers in pennsylvania. we'll bring you his remarks live. the white house gives the gop its christmas wish list. will republicans respond with lumps of coal? we'll see what's under the christmas tree with melissa harris-perry, sam stein, joy reid and michael crowley and the "f" word, chris hayes explains why the filibuster has become a dirty word in congress, when "now" starts in a mere 180 seconds. ♪ it's so important to make someone happy ♪ when you give a child a toy, it has to work. ♪ make just one someone happy and when it's a toys for tots child, well, what could be more important? so this year, every hasbro toy donated to toys for tots will be powered by duracell. happy holidays. duracell with duralock. trusted everywhere. duracell with duralock. when you lost the thing you can't believe you lost.. when what you just bought, just broke. or when you have a little trouble a long way from home... as an american express cardmember yo
president obama takes it to the people again. pitching middle class tax cuts to factory workers in pennsylvania. we'll bring you his remarks live. the white house gives the gop its christmas wish list. will republicans respond with lumps of coal? we'll see what's under the christmas tree with melissa harris-perry, sam stein, joy reid and michael crowley and the "f" word, chris hayes explains why the filibuster has become a dirty word in congress, when "now" starts in a mere...
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strong words from republican leadership after president obama's opening bid. the president wants $1.6 trillion in new taxes, $50 billion in new stimulus spending, and expanded powers for the president to raise the federal debt limit without getting any approval from congress. a senior house gop source calls the president's plan, quote, absurd. and provides a 6-point explanation to back it up. is the economy headed for that fiscal cliff? is all of this negotiating dead in the water? let's bring in our panel. monica crowley, radio talk show host and author of monomemo.com. jewelry roginsky former political advisor to senator frank lautenberg of new jersey. both fox news contributors. you say the president is not interested in compromise at all? >> no. i have just wrote a whole book about this called, what the bleep just happened. i traced first four years of his presidency. anytime he proposed a economic proposal or physical proposal it contained the exact same elements, which is tax hikes, more spending, not less, no entitlement reform and pushing up the debt l
strong words from republican leadership after president obama's opening bid. the president wants $1.6 trillion in new taxes, $50 billion in new stimulus spending, and expanded powers for the president to raise the federal debt limit without getting any approval from congress. a senior house gop source calls the president's plan, quote, absurd. and provides a 6-point explanation to back it up. is the economy headed for that fiscal cliff? is all of this negotiating dead in the water? let's bring...
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and "the wall street journal," obama's cliff offer spurned. i want to bring in joanne reed and molly ball, political reporter for "the atlantic." good to see both of you. good morning. >> good to be here. >> mitch mcconnell, we are told, literally laughed at the white house's offer. and if you listen to speaker boehner, it's not going very well. take a listen. >> i'm disappointed in where we are and disappointed in what's happened over the last couple of weeks. but going over the fiscal cliff is serious business. and i'm here seriously trying to resolve it. and i would hope the white house would get serious as well. >> and the speaker tweeted, "how serious is the white house about avoiding the fiscal cliff?" reports suggest, in some cases, not so serious. and also, joanne, what is the strategy here, and is there a risk like looking like you're not really negotiating? >> well, you know, i think what's interesting is that there's the posture that everyone is taking in public, but then what you're hearing behind the scenes is that everyone's sort
and "the wall street journal," obama's cliff offer spurned. i want to bring in joanne reed and molly ball, political reporter for "the atlantic." good to see both of you. good morning. >> good to be here. >> mitch mcconnell, we are told, literally laughed at the white house's offer. and if you listen to speaker boehner, it's not going very well. take a listen. >> i'm disappointed in where we are and disappointed in what's happened over the last couple of...
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senate republican leader mitch mcconnell says that he laughed out loud thursday when he saw president obama's latest plan to avoid a middle-class tax increase. republicans are demanding more spending cuts. >>> and just as millions of americans shop online, rely on their gifts to be shipped by the holidays, the biggest seaports in the country are at a virtual standstill. union workers at the los angeles and long beach terminals are on strike. protesting outsourcing of jobs. 40% of all u.s. imports come through those terminals. negotiations are set to resume today. >>> very unusual scene just south of there, in san diego. an out-of-control truck slammed into a fire hydrant, sending water shooting cinematically 30 feet into the air. like a geyser. the truck actually plowed into a bar, leaving a gaping 11-foot hole in the wall. thankfully, no one was hurt. >>> now, here's diane sawyer, with a preview of tonight's "world news." diane? >> josh, great to talk to you on this friday. happy weekend to everyone on "gma." and coming up on "world news," please meet this young woman. i think you'll never f
senate republican leader mitch mcconnell says that he laughed out loud thursday when he saw president obama's latest plan to avoid a middle-class tax increase. republicans are demanding more spending cuts. >>> and just as millions of americans shop online, rely on their gifts to be shipped by the holidays, the biggest seaports in the country are at a virtual standstill. union workers at the los angeles and long beach terminals are on strike. protesting outsourcing of jobs. 40% of all...
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democrats are calling president obama's plan to avoid the fiscal cliff an opening bid. some republicans have different words for it, joke. >> major garret is at the white house and reports on the president's plan and the strong reaction it got from republicans on capitol hill. major, good morning. >> reporter: good morning, charlie and norah t. the white house brought real numbers and republicans called them an insult, concocted in never neverland. so much for a week of work here in washington to avert what's called the fiscal cliff. treasury secretary tim geithner gave house republicans new ideas on resolving the fiscal cliff. and left with their anger ringing throughout the capitol. >> no substantive progress has been made in the talks between the white house and the house over the last two weeks. i've got to tell you, i'm disappointed. >> reporter: here are the big white house numbers. for $4 trillion deficit reduction in ten years, $1.6 trillion comes from households earning more than $250,000 a year. $400 billion in entitlement cuts in program like medicare and med
democrats are calling president obama's plan to avoid the fiscal cliff an opening bid. some republicans have different words for it, joke. >> major garret is at the white house and reports on the president's plan and the strong reaction it got from republicans on capitol hill. major, good morning. >> reporter: good morning, charlie and norah t. the white house brought real numbers and republicans called them an insult, concocted in never neverland. so much for a week of work here in...
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president obama hitting the road in moments to pressure lawmakers to strike a deal. kristen welker is at the white house this morning. good morning. >> reporter: president obama travels to hatfield, pennsylvania, where he will turn up pressure with republicans to increase taxes on wealthier americans, after a show of bipartisanship. the president inviting mitt romney to the white house on thursday. with washington deadlocked, president obama reached out to his former rival, inviting mitt romney to lunch at the white house, aiming to put past differences to rest. >> i think that he's very interested in some of governor romney's ideas. >> reporter: romney arrived shortly after noon thursday. white house officials revealed few details about the lunch, saying only they ate white turkey chili, and the meeting lasted more than an hour, with governor romney congratulating the president on re-election. in the sole picture released by the white house, you can see the dining room where the men ate and boxing gloves. aides joked there were no punches thrown describing the encou
president obama hitting the road in moments to pressure lawmakers to strike a deal. kristen welker is at the white house this morning. good morning. >> reporter: president obama travels to hatfield, pennsylvania, where he will turn up pressure with republicans to increase taxes on wealthier americans, after a show of bipartisanship. the president inviting mitt romney to the white house on thursday. with washington deadlocked, president obama reached out to his former rival, inviting mitt...
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>> under the obama administration, i think it's a real risk. i think they've been hostile to israel and this is one more step to make it easier for the obama people to do exactly that. >> okay. and ambassador john boulton, always a pleasure. >> thank you. stuart: coming up new at 10, the journal "science" comes out with a new study on climate change and could give even more ammunition for a global carbon tax. ammunition for new tax, that will be coming up for you at the top of this hour and as we always say, time is money and here in 30 seconds is what else we've got for you this friday morning. a man whose company managed to power an eetire island with green energy, but it was all privately funded, no subsidies, very small scale, but no subsidies, private throughout. we'll have that man sitting next to me on the set. angry staten island residents lash out at fema, they feel like they've been forgotten. we'll show you that video. illinois has had a huge pension problem, what does it do? created a cartoon snake, squeezy the pension python, and w
>> under the obama administration, i think it's a real risk. i think they've been hostile to israel and this is one more step to make it easier for the obama people to do exactly that. >> okay. and ambassador john boulton, always a pleasure. >> thank you. stuart: coming up new at 10, the journal "science" comes out with a new study on climate change and could give even more ammunition for a global carbon tax. ammunition for new tax, that will be coming up for you at...
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obama is asking for 1.6 trillion. you can see somewhere in the middle as a possible negotiating or compromise point. >> we should remind everybody the president has been talking about entitlement reform for four years. "the washington post" reminded them this might ab good time to lead because you're the president. martha: it feels like there is a real opportunity here for some history-making leadership and we'll see if we get it. thank you so much. mary catherine, juan. >> go dogs. bill: here is jon sko*t. "happening nowscott, "happening now" now rolls your way. jon: we are awaiting comments from president obama on the so-called fiscal cliff, the president unveiling his bid in negotiations over the deal. republicans not impressed. in fact they are darn bad. we'll get into that. plus, planning on being a couch potato this weekend? you might want to hear about a new study first, could your couch be making you sick? a new leader from mexico but some of the same old problems, violence on the border, any new answers? comi
obama is asking for 1.6 trillion. you can see somewhere in the middle as a possible negotiating or compromise point. >> we should remind everybody the president has been talking about entitlement reform for four years. "the washington post" reminded them this might ab good time to lead because you're the president. martha: it feels like there is a real opportunity here for some history-making leadership and we'll see if we get it. thank you so much. mary catherine, juan....
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[inaudible conversations] president obama travels to pennsylvania today to push for an extension of the bush era middle-class taxes. mr. obama is trying to reach a deal with congress to avoid some of the automatic spending cuts and tax increases that take effect in january. live coverage from hatfield pennsylvania at noon eastern on c-span. >> program began under wraps who was one of the advisors to president franklin roosevelt. to document the conditions under which people were living. this was back when we didn't have television. we had radio, but a lot of places didn't have electricity so they couldn't listen to the radio broadcasts to find out what was going on in other parts of the country. striker, who is an economist from columbia university, he was the head of this project, and in 1939 when kodak introduce color film, they said film to roy stryker to have his photographers try out. see what they could do. kodak was trying to establish a new market, new product and they wanted people who would know how to use it effectively. to try it out and publicize it. >> america of the 1930s
[inaudible conversations] president obama travels to pennsylvania today to push for an extension of the bush era middle-class taxes. mr. obama is trying to reach a deal with congress to avoid some of the automatic spending cuts and tax increases that take effect in january. live coverage from hatfield pennsylvania at noon eastern on c-span. >> program began under wraps who was one of the advisors to president franklin roosevelt. to document the conditions under which people were living....
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look, the obama administration has said they might cut up to $400 billion out of medicare. i think this is going to get done, but i think they'll wait until the last minute to make sure each side looks tough. >> what's fascinating to me very quickly, when i hear both sides of the argument and the sticking appointments where they're digging in, there's logic on both sides, but who are the dealmakers who are really pulling this together? because sometimes when i listen to some of the political folks, i'm not so sure they are the ones that are sort of moving all the pieces. very quickly, jason, ron, who do you think it is? >> i think the players on tv, you know, obviously the president's going to be part of it, speaker boehner will be part of it, but eric cantor, vice president biden, there are a number of -- senator mitch mcconnell, the minority leader, harry reid. these are the big players but, you know, there are also ones too, like senator chuck schumer. there are a number of big players here that will be involved. but do you know what, they can try to manage the negotiati
look, the obama administration has said they might cut up to $400 billion out of medicare. i think this is going to get done, but i think they'll wait until the last minute to make sure each side looks tough. >> what's fascinating to me very quickly, when i hear both sides of the argument and the sticking appointments where they're digging in, there's logic on both sides, but who are the dealmakers who are really pulling this together? because sometimes when i listen to some of the...
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president obama wants to fall off the cliff. that's why he wants to go do that to the middle class and blame the republicans. host: caller, we'll leave it there. caller: be on the republican lines say, let them talk. guest: so it may be that this filibuster idea may have more support. democrats don't want to eliminate the filibuster. they want to keep it in place but just want to change the burden and move it to where there's one bite at the apple on a particular bit. so these changes are not earth shaking. one is your perspective on it, whether you're in the majority or minority. but the way you do it becomes an important part of this. that's why the implications here are fairly clear which -- fairly clear. if we end up seeing this happen by call it the nuclear option or defined as the constitutional option that it's perfectly constitutional to change the rules by a majority. but that means on issues from the budget to immigration to many of the other priorities we have, a farm bill that's not yet gone through, we could see ano
president obama wants to fall off the cliff. that's why he wants to go do that to the middle class and blame the republicans. host: caller, we'll leave it there. caller: be on the republican lines say, let them talk. guest: so it may be that this filibuster idea may have more support. democrats don't want to eliminate the filibuster. they want to keep it in place but just want to change the burden and move it to where there's one bite at the apple on a particular bit. so these changes are not...
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president obama heads to philadelphia today to visit a toy manufacturing plant. it's where he will also talk about his plan to avert the so-called fiscal cliff. comments yesterday from house speaker john bohener hinted lawmakers are back to square one on settling the cliff chatter. "no subsantive progress has been made in the talks between the white house and and the house over the last two weeks." the stock market briefly sold off on boehner's comments, but then bounced back. optimism had been growing after president obama and representative boehner made remarks wednesday that a deal could be worked out. now speaker boehner insists there are still many roadblocks in the way. last night, boehner offered no details but rejected the democrats' $4-trillion plan presented by treasury secretary timothy geithner. investors have a more optimistic view on the global economy. a new survey by bloomberg shows 2/3 of investors surveyed described the worldwide economy has either stable or improving. overall, they considered the global economy to be in the best shape in 18 mon
president obama heads to philadelphia today to visit a toy manufacturing plant. it's where he will also talk about his plan to avert the so-called fiscal cliff. comments yesterday from house speaker john bohener hinted lawmakers are back to square one on settling the cliff chatter. "no subsantive progress has been made in the talks between the white house and and the house over the last two weeks." the stock market briefly sold off on boehner's comments, but then bounced back....
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. >>> in other news this morning, president obama will visit a suburban philadelphia toy factory today, hoping to win public support for his plan to avoid that so-called fiscal cliff. but on capitol hill, talks there have pretty much hit an impasse at this point. neither republicans nor democrats seem willing to budge on the issue of tax rates for the wealthy. unless the two sides can reach some kind of deal, spending cuts and also tax hikes will collectively take effect starting january 1st. the clock is ticking. >> it is. >>> the united nations has overwhelmingly approved recognition of a palestinian state, a move staunchly opposed by the u.s. and israel. >> but in the west bank and gaza, palestinians, they celebrated on the streets. the historic vote upgrades palestine to nonmember nonvoting observer status only. meanwhile, u.s. ambassador, susan rice, she denounced the resolution. saying, quote, it's counterproductive to the goal of mideast peace. >> and the palestinian people will wake up tomorrow and find that little about their lives has changed, save that the prospects of a dur
. >>> in other news this morning, president obama will visit a suburban philadelphia toy factory today, hoping to win public support for his plan to avoid that so-called fiscal cliff. but on capitol hill, talks there have pretty much hit an impasse at this point. neither republicans nor democrats seem willing to budge on the issue of tax rates for the wealthy. unless the two sides can reach some kind of deal, spending cuts and also tax hikes will collectively take effect starting...
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amid reports the obama administration is preparing to recognize syria's opposition counsel as the legitimate representative of the people, clinton notes rebels are now able to hold their ground and take the fight to government forces. >> we have been deeply involved in helping to stand them up, and we're going to carefully consider what more we can do. >> and on iran's nuclear ambitions, clinton says with the u.s. election over, now is the time to see if there's hope for negotiating in good faith. >> there is still a window of opportunity to reach some kind of resolution. >>> all right. back to main street u.s.a. yesterday in sandy stricken new jersey and new york a secret santa was handing out $100 bills. the anonymous missouri man sought out people who had been devastated by hurricane sandy. and while he plans to hand out $100,000 in total, he says it's not about the money, it's about committing random acts of kindness. which he surely did. >>> and speaking of random acts, this new york city police officer did something incredibly kind for a homeless veteran in need, and he did it when he
amid reports the obama administration is preparing to recognize syria's opposition counsel as the legitimate representative of the people, clinton notes rebels are now able to hold their ground and take the fight to government forces. >> we have been deeply involved in helping to stand them up, and we're going to carefully consider what more we can do. >> and on iran's nuclear ambitions, clinton says with the u.s. election over, now is the time to see if there's hope for negotiating...
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>> if you were obama, who would you pick? >> final question. >> it does no good to play the name game. >> you can dodge my question but not abby's. >> let's say this about the future. the future isn't afghanistan or iraq but how well prepared we are to meet the 21st century challenges of competitiveness. that will be economics, education. it will play out over the pacific ocean. why was it that the president and governor romney sat at lunch and talked about america's global leadership? >> ambassador huntsman, you're welcome to stay with us the whole show. we would love to have the father and daughter team around. >> i can't compete with abby or marianne or libby, any of my daughters. i'm not even close to their league. >> thanks, dad. >> we'll hang on to your daughter the rest of the hour if that's okay with you. >>> random act of kindness that quickly went viral thanks to one single photo. we will have the police officer who bought boots for a homeless man on a freezing cold night. t . you won't take our future. aids affects
>> if you were obama, who would you pick? >> final question. >> it does no good to play the name game. >> you can dodge my question but not abby's. >> let's say this about the future. the future isn't afghanistan or iraq but how well prepared we are to meet the 21st century challenges of competitiveness. that will be economics, education. it will play out over the pacific ocean. why was it that the president and governor romney sat at lunch and talked about...
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what's obama doing with this first offer, do you think? >> i'm not exactly sure because i don't understand the economic rationale behind it. look at the world that we are in. it is a 2% u.s. growth rate. it is not the 3% we are historically used to. look what's going on in europe. look what's going on in asia, the slowdown there. look at the context at which we want to take money out of the private sector. taxes by definition is contractionary. >> for a while i wondered in first term figured look, the president sooner or later will realize he needs jobs to get re-elected so will come onboard with pro-growth stuff and jobs he was able to, you know, to be re-elected at 7.9%. now you want a legacy that shows that you had a good economy and that you got the jobless rate down. so you are going -- i'm -- maybe there's just a disconnect between whether people that work for him really understand what generates economic growth and jobs and what doesn't. and -- i mean, we will transform society in a way that maybe is more positive for him, obama car
what's obama doing with this first offer, do you think? >> i'm not exactly sure because i don't understand the economic rationale behind it. look at the world that we are in. it is a 2% u.s. growth rate. it is not the 3% we are historically used to. look what's going on in europe. look what's going on in asia, the slowdown there. look at the context at which we want to take money out of the private sector. taxes by definition is contractionary. >> for a while i wondered in first...
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obama, 51%. he beat romney by more than george bush beat john kerry in 2004. >> that's a solid, solid victory. he has a mandate. >> i think he definitely has a mandate. >> do you think he knows it? >> i think he knows he has a mandate. he has a mandate. his 8 pick-ups in the house shows he has a mandate. i think the fact people waited 4 hours in line shows he has a mandate. the fact romney didn't win his home state, bath state or father's state and the paul ryan, and i think the president won states like virginia every battleground. >> florida. >> the president wins that sounds like a mandate. >> eight out of nine, a mandate. he becomes the -- he is now the only president. there are two presidents in history that have won two terms with more than -- with 51% or more of the vote. the only other one was eisenhower beating stevens 52 and 56. i saw that factoid this morning. this was a historic victory for the man that everybody wrote off -- not everybody, but the republicans and a lot of pahvantits
obama, 51%. he beat romney by more than george bush beat john kerry in 2004. >> that's a solid, solid victory. he has a mandate. >> i think he definitely has a mandate. >> do you think he knows it? >> i think he knows he has a mandate. he has a mandate. his 8 pick-ups in the house shows he has a mandate. i think the fact people waited 4 hours in line shows he has a mandate. the fact romney didn't win his home state, bath state or father's state and the paul ryan, and i...
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president obama. he's holding the cards right now and if, in fact they do go over the cliff will he actually be true to what he said before, which is let's do this short-term deal now, even though it's really not a deal, it's a one-sided deal and then after get over the fiscal, then we'll sit down and actually talk some serious business. but has that really been done in the last three or four years? do you really believe that they will talk serious business, which would include both sides of the fence tax increase potentially, and spending cuts? do you believe that they'll actually do that? >> steve: you know what? charles krauthammer in his column today writes about once upon a time, ronald reagan took that deal where the democrats said okay, let's get a deal now and then we'll talk about cuts later. he never got the cuts and he always was remorseful of the fact that he didn't get the cuts when he made the deal. >> gretchen: the other stories making headlines fox news alert. there is a terrifying sit
president obama. he's holding the cards right now and if, in fact they do go over the cliff will he actually be true to what he said before, which is let's do this short-term deal now, even though it's really not a deal, it's a one-sided deal and then after get over the fiscal, then we'll sit down and actually talk some serious business. but has that really been done in the last three or four years? do you really believe that they will talk serious business, which would include both sides of...
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barack obama wasn't the only person who won. i'm not saying this to denigrate the president or elevate the president. i'm explaining the negotiations right here. you get 80% -- i got 80%, you know, when i ran in, you know -- actually ran unopposed in '98. in '9d6 i got 83%. i didn't give a damn what they said. they didn't call and say i got elected, joe, with 52% of the vote, you've got to go with me. i said that's great, mr. president, i got 80%. >> he probably did do that because he tried to make social security reform the centerpiece. >> right, and it didn't work. >> republicans didn't support it. >> it didn't work. david? >> joe, isn't one of the big questions here what boehner ultimately does is a legislative strategy, not just trying to deal with folks who won in their districts and who are opposed to taxes, but does he put a bill on the floor that he knows he has to rely on heavily on democrats to pass? is he willing to take that step, and what happens to me? >> by the way, david, i want to underline the fact, i can't say
barack obama wasn't the only person who won. i'm not saying this to denigrate the president or elevate the president. i'm explaining the negotiations right here. you get 80% -- i got 80%, you know, when i ran in, you know -- actually ran unopposed in '98. in '9d6 i got 83%. i didn't give a damn what they said. they didn't call and say i got elected, joe, with 52% of the vote, you've got to go with me. i said that's great, mr. president, i got 80%. >> he probably did do that because he...
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president obama says he wants all 66,000 troops out of that country by 2014. the latest senate vote back in a quickened pace could influence the president's timetable. check this out a brand new video that is just in our newsroom from the person believed to be the other power ball jackpot winner caught on surveillance camera. the guy gets real licks sited when he checks out a ticket he reportedly purchased in that state. he shows the winner number to the clerk and a couple of customers. that's the guy. >> frustrations boiling over for sandy victims in staten island new york. held by town and fema officials. listen. >> you think this is a joke? >> robert moses is live for us with details. >> good morning to you. good morning everyone. this area of staten island got pupil melled. hundreds packed into long island for a meeting with officials as well as representties from city agencies and fema. they wanted answers about damaged homes temporary housing and air quality. they were told to write down their questions. the meeting quickly evolve into a shouting match w
president obama says he wants all 66,000 troops out of that country by 2014. the latest senate vote back in a quickened pace could influence the president's timetable. check this out a brand new video that is just in our newsroom from the person believed to be the other power ball jackpot winner caught on surveillance camera. the guy gets real licks sited when he checks out a ticket he reportedly purchased in that state. he shows the winner number to the clerk and a couple of customers. that's...
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again, two years ago, president obama signed and extended what i call the bush obama tax cuts. i think we need to do that, for some certainty to the economy and talk about looking at some real spending cuts, as well. >> some are criticizing this and calling it a very aggressive plan that the president has pushed forth. in public comments like the one we heard from boehner, reid, both sides taking really hard stances. but some insiders saying that a deal is within reach and much of it is for show now. new jersey democratic congressman rob andrews told politico this. there's the public choreography, then there is the real choreography. it may be something you alluded to. to reach a deal it has to look like there was a lot of fighting before the deal was reached. what's your response to that? do you think that there is a lot of grandstanding going on here? and we're actually going to make the deadline that the president suggested, which is before christmas? >> there's always a lot of grandstanding in washington on both sides. this is my first term in congress. i think mosts americ
again, two years ago, president obama signed and extended what i call the bush obama tax cuts. i think we need to do that, for some certainty to the economy and talk about looking at some real spending cuts, as well. >> some are criticizing this and calling it a very aggressive plan that the president has pushed forth. in public comments like the one we heard from boehner, reid, both sides taking really hard stances. but some insiders saying that a deal is within reach and much of it is...
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. >> president obama is going into campaign mode to win support for his plan. visiting a pennsylvania toy factory today. the deadline is a month and a day away. as abc's karen travers reports. good morning, karen. >> reporter: good morning, rob. good morning, sunny. yesterday was round two between the obama administration and congressional leaders on capitol hill. and things aren't looking good. basically at this point, both sides have laid out an agenda, and they're waiting for the other side to blink. so much for that brief burst of optimism in washington over the fiscal cliff talks. now republicans and democrats can't even agree on where things stand. >> no substantive progress has been made in the talks. >> and you know there is progress. >> treasury secretary tim geithner sat down with bipartisan congressional leaders to keep pushing for a deal. a top boehner aide said the plan geithner presented is, quote, completely unrealistic. and a top democratic aide said republicans have taken to screaming at them. if no action is taken by december 31st, 650 billion
. >> president obama is going into campaign mode to win support for his plan. visiting a pennsylvania toy factory today. the deadline is a month and a day away. as abc's karen travers reports. good morning, karen. >> reporter: good morning, rob. good morning, sunny. yesterday was round two between the obama administration and congressional leaders on capitol hill. and things aren't looking good. basically at this point, both sides have laid out an agenda, and they're waiting for the...
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the top 20% whose real income dropped during the obama recovery seven times more than the bottom 80%, cover 60 and carry 60% of the tax burden. what is fair? 100%? if you took -- if republicans agreed today with president obama's suggestion to do this -- raise the money on the rich, the job creators, i call them job creators and growth creators, you call them the evil rich or whatever, we would be -- save enough money or raise enough revenues to run the government for eight and a half days. that doesn't make any sense. plus, the president is announcing that he doesn't even want to put it towards deficit spending. he wants to do new spending, new stimulus, new infrastructure, new education. there's not one word of entitlement reform, social security reform, medicare reform. the structural debt. let me tell you what the leverage is, cornel. you want to know what the heart of the electorate is? it's the senate democrats who are elected in the last midterms and the senate democrats that were elected this time on a debt reform, spending reform, entitlement reform. those are your senate dem
the top 20% whose real income dropped during the obama recovery seven times more than the bottom 80%, cover 60 and carry 60% of the tax burden. what is fair? 100%? if you took -- if republicans agreed today with president obama's suggestion to do this -- raise the money on the rich, the job creators, i call them job creators and growth creators, you call them the evil rich or whatever, we would be -- save enough money or raise enough revenues to run the government for eight and a half days....
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there's no action out of the obama administration. we were hoping it was going to happen earlier, it didn't happen and it seems now that the people -- the jihadists and salafists have the arms now including shoulder-fired anti-aircraft systems and the secular forces that came out of the mainstream that we could deal with don't seem to have those weapons and the question is what is the obama administration going to do now? >> warner: tough decision. patrick tabler, thank you. >> my pleasure. >> suarez: still to come on the "newshour": political turmoil in egypt; arizona's new senator; a broad range of steps for a minnesota dance company and the college conference switches. but first, the other news of the day. here's hari sreenivasan. >> sreenivasan: democrats and republicans accused each other today of refusing to talk specifics about how to avoid the fiscal cliff. the two sides traded charges of bad faith as year-end tax hikes and spending cuts moved another day closer. on the face of it there seemed to be little movement today. >> n
there's no action out of the obama administration. we were hoping it was going to happen earlier, it didn't happen and it seems now that the people -- the jihadists and salafists have the arms now including shoulder-fired anti-aircraft systems and the secular forces that came out of the mainstream that we could deal with don't seem to have those weapons and the question is what is the obama administration going to do now? >> warner: tough decision. patrick tabler, thank you. >> my...
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obama is say nothing, i need more. boehner is saying we are further than we have ever been. >> they know where they will meet in the middle. >> dana: i think they are farther apart than ever, actually. >> eric: you do? >> dana: i do. does it show you wouldn't -- >> kimberly: absolutely not. >> kimberly: bolling is the last to leigh the building and first to enter. maybe he doesn't leave at all. >> screaming headlines on fox news.com. this is not a game. clearly frustrated. you must be good in chess. you two steps ahead of everybody, what you just diagnosed. i manual you're good. the president is also playing -- >> bob: can suck up. >> brian: i usually wait for the breaks. but i just do things that threw me a little bit. the president would not go to hawaii if the deal is not done. he has the deal. that the republicans will sign. >> dana: if they were able to go, the east wing said we are going to hawaii, you bet ber ready. get the back pack. i think there is so much planning that has to be done. if you take the white h
obama is say nothing, i need more. boehner is saying we are further than we have ever been. >> they know where they will meet in the middle. >> dana: i think they are farther apart than ever, actually. >> eric: you do? >> dana: i do. does it show you wouldn't -- >> kimberly: absolutely not. >> kimberly: bolling is the last to leigh the building and first to enter. maybe he doesn't leave at all. >> screaming headlines on fox news.com. this is not a game....
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president obama just won re-election, so he can claim he has a mandate. i don't think it's a mandate to raise taxes, increase the size of government and put us further in debt. that's his argument. that's the process of self government. the american people will have to take a grip, not just washington, but look at how bad things are in illinois and california and new york. several of our states are very, very bads shape. >> greta: california will be interesting to watch, because they have a democratic governor, democratic legislatures now, and they've got big problems. so california is -- the democrats in california have a chance to either, you know, make things look really good or let things look very bad. at least i'm keeping my eye on that state. >> that's a key indicator of the future. i can tell you, a place like texas, they're thrilled the number of californians leaving and moving to texas. that's happening all across the west. california is exporting some of its hardest-working, best entrepreneurs, because they've given up. i was with a man just ye
president obama just won re-election, so he can claim he has a mandate. i don't think it's a mandate to raise taxes, increase the size of government and put us further in debt. that's his argument. that's the process of self government. the american people will have to take a grip, not just washington, but look at how bad things are in illinois and california and new york. several of our states are very, very bads shape. >> greta: california will be interesting to watch, because they have...
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this is obama's fiscal cliff. if the republicans cave, we'll have a fiscal cliff in about three or four years that's going to be the grand canyon. we're going to go collapsing. it's going to be awful. >> sean: i agree with you. >> we got to fight like william wallace in "brave heart." fight for america. we can win it in the next 30 days. >> sean: i'm with you. leslie, seriously, why can't we have some significant spending cuts now? the president, first of all, said he only wanted $800 billion when he was running, now he's doubled it, but there's no cuts. government can't find waste, fraud, abuse, cut back on their intoxication and power grab with spending? >> i agree that medicare is one program that has a lot of fraud. quite frankly the president has been very clear that they're going to be -- >> sean: when? when? >> democrats and republicans will have to suck it up. when you guys call caving in, i call compromise. >> sean: republicans compromise, cave, and -- >> we're not violating the tax pledge if we let somet
this is obama's fiscal cliff. if the republicans cave, we'll have a fiscal cliff in about three or four years that's going to be the grand canyon. we're going to go collapsing. it's going to be awful. >> sean: i agree with you. >> we got to fight like william wallace in "brave heart." fight for america. we can win it in the next 30 days. >> sean: i'm with you. leslie, seriously, why can't we have some significant spending cuts now? the president, first of all, said...
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y casi no tiene bastante dinero para comprar comida. >> quiÉn necgocia con el presidente obama culpa al presidente de la falta de progreso a esa acusaciones reaccionÓ el democrata harry r. >> refiriendose a john d. dijo que no entiendo su cerebro. >> estas tipos de reacciones como Él del lÍder la mayoria en el senado harry r. no son usuales en cosas que tienen que ver con el presupuesto, sin embargo lo que sabemos esta noche es que el secretario del tesoro, presentÓ a los republicanos un plan para reducir el presupuesto, los gastos del gobierno en 4 billones de dÓlares, los republicanos rechazaron el plan y esta noche en la casa blanca dice que la Única manera de llegar a un acuerdo es que los republicanos acepten aumentarle los impuestos a los mÁs ricos de la naciÓn, sabemos que esto va a durar muchas semanas mÁs y la fecha lÍmite serÁ en diciembre. >> suben los impuestos para tos en los estados unidos a partir del 1 de enero. >> desde la capital estadounidense lori muchÍsimas gracias. >> el ex presidente george bush padre se encuentra hospitalizado en houston a causa de
y casi no tiene bastante dinero para comprar comida. >> quiÉn necgocia con el presidente obama culpa al presidente de la falta de progreso a esa acusaciones reaccionÓ el democrata harry r. >> refiriendose a john d. dijo que no entiendo su cerebro. >> estas tipos de reacciones como Él del lÍder la mayoria en el senado harry r. no son usuales en cosas que tienen que ver con el presupuesto, sin embargo lo que sabemos esta noche es que el secretario del tesoro, presentÓ a los...
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obama insisting they go up, boehner insisting they don't. >> listen, this is not a game. jobs are on the line. the american economy is on the line. this is a moment for adult leadership. >> reporter: and taxes aren't the only sticking point. republicans are demanding the president come forward with a plan to limit spending on medicare and social security, something many democrats say is just not acceptable. >> i didn't have my own card with me. jill wouldn't let me have one. >> reporter: vice president biden got into the act today, too, taking a break from christmas shopping and snacking at costco to urge congress to extend middle class tax cuts. >> i think it's important congress acts now. i mean, right now. >> reporter: can mitt romney, with all his business experience, play a role on brokering a deal? well, don't count on it, diane. the president did not ask for his help today and the two simply agreed to keep in touch. and for now, nothing more. >> all right, thank you, jonathan karl. >>> and now, we move onto two towns that had reason to rejoice today. two tickets wo
obama insisting they go up, boehner insisting they don't. >> listen, this is not a game. jobs are on the line. the american economy is on the line. this is a moment for adult leadership. >> reporter: and taxes aren't the only sticking point. republicans are demanding the president come forward with a plan to limit spending on medicare and social security, something many democrats say is just not acceptable. >> i didn't have my own card with me. jill wouldn't let me have one....
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>>> and white house lunch, president obama d mitt romney face to face for the first time since the campaign, tonight, how it went and what happened. >>> and tonight, the powerball winners, what we know, and who they are, and the secret code that could be in the numbers. nightly news begins now. >>> good evening, at a time when so many people are still suffering, right now tonight more than one month after a monster storm hit a giant population center, today we learned some facts about how this earth is changing and how fast. for starters, polar ice sheets in greenland are melting at five times the pace, than just a few years ago. new research shows that antarctica is melting. while it takes a lot of ice to melt the ocean levels they say that is in fact what is happening. and they believe just an incremental rise in the ocean levels made the damage worse when hurricane sandy hit the east coast and took so much away from us. the big question is the future, of course, and a new kind of normal for all of those living along the water. it is where we begin tonight, our chief environmental affairs
>>> and white house lunch, president obama d mitt romney face to face for the first time since the campaign, tonight, how it went and what happened. >>> and tonight, the powerball winners, what we know, and who they are, and the secret code that could be in the numbers. nightly news begins now. >>> good evening, at a time when so many people are still suffering, right now tonight more than one month after a monster storm hit a giant population center, today we learned...
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Nov 30, 2012
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. >>> with the election behind them, president obama and mitt romney had lunch together tonight at the white house. cameras got a glimpse at mitt romney. the lunch was private. it lasted over an hour and the white house said the president did not have an agenda here. the president prompted to meet with mitt romney to discuss how they could work together. and the menu, the white house said white turkey chilly and southwestern grilled chicken salad. >>> fewer americans filed unemployment claims last week. 393,000 people filed for jobless claims. it was the second straight decline. the u.s. labor market has been showing signs of improvement after more hiring and fewer job cuts. >>> on wall street today, the dow is up 36 to 13,021. the nasdaq is up 20 at 3,012. the s&p is up 6 at 1,415. >>> we have just learned that one of last night's powerball winners is expected to come forward tomorrow. the jackpot was $588 million. that is the highest ever for powerball. officials say one ticket was sold in arizona, another in missouri. the winners could each take $192 million before taxes. >>> coming
. >>> with the election behind them, president obama and mitt romney had lunch together tonight at the white house. cameras got a glimpse at mitt romney. the lunch was private. it lasted over an hour and the white house said the president did not have an agenda here. the president prompted to meet with mitt romney to discuss how they could work together. and the menu, the white house said white turkey chilly and southwestern grilled chicken salad. >>> fewer americans filed...
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once a deal is closer president obama will take over the talks. so far independent senator joe lieberman is not encouraged. >> if we go over the cliff it's going to send the country back into recession. >> reporter: vice president joe biden stopped by a washington, d.c. costco thursday to help the white house's public campaign for a deal. >> consumer confidence is growing. the last thing we need to do is dash that now by being unable to extend middle class tax cuts. >> reporter: the vice president said if those tax cuts aren't extended, the average american family stands to lose $2,200 next year. danielle nottingham, cbs news, washington. >>> talk about a power lunch. president obama and mitt romney met privately at the white house to have lunch. their first face-to-face meeting since the campaign debate. aides say the president wanted to discuss romney's ideas for making government run more smoothly. >> somebody with governor romney's experience clearly could have insight into how to maximize efficiency in an operation like the federal government
once a deal is closer president obama will take over the talks. so far independent senator joe lieberman is not encouraged. >> if we go over the cliff it's going to send the country back into recession. >> reporter: vice president joe biden stopped by a washington, d.c. costco thursday to help the white house's public campaign for a deal. >> consumer confidence is growing. the last thing we need to do is dash that now by being unable to extend middle class tax cuts. >>...